In last three years, VouchForMe has walked a long road from a great idea to a most serious business. Since we are aware insurance is one of the most regulated industries, we want to ensure optimum conditions for achieving our goals in the set time. Our team is 100% passionate and absolutely committed to delivering our promise to you.
Insurance industry is full of irregularities. Founders identify the science of social proof as a solution and invest close to $500.000 to develop the social proof model and web app demo. Calibrated mathematical algorithms confirm the model brings from 30% and up to 70% cost reduction.
Social proof insurance patent protection is filed in US and worldwide. Founders pitch the idea in Silicon Valley but refuse several million offer to be able to develop InsurePal on their own terms. The methodology, viability assessment and a legal review of the project are developed. Blockchain is identified as the missing piece. Several meetings with crypto think-tanks occur. InsurePal core team is assembled.
InsurePal expands the team with several blockchain and IT experts. The architectural design of the InsurePal platform and its functionalities begins. Parallelly, the extensive preparations for ICO go about.
The development of InsurePal platform core begins. First social proof modules are ready to be used. PR & Marketing campaign launches. InsurePal changes its name to VouchForMe to expand the idea of social proof being suitable and compatible with other industries besides insurance.
IPL token is accepted as a payment method for usage fees on the VouchForMe platform. 21 June 2019
VouchForMe launched as a feature of a new motor insurance product - the potential impact of this partnership with an insurance company
is more than 1 million users. 1 July 2019
IPL token roadmap update. Q3 2019
VouchForMe launched as a feature of a new motor insurance product - the potential impact of this partnership with an insurance company and affinity group is 100,000 users. 1 September 2019
The start of an invitation-only VouchForMe Income pilot. VouchForMe Income is an income protection product for groups of individuals who want to secure part of their income for the case of a prolonged illness, injury, or similar. It is based on the social proof model designed by VouchForMe. Q4 2019
Scaling up VouchForMe Motor across multiple markets.
Development of an online IPL marketplace for discounted services provided by VouchForMe partners.
New partnerships with insurance companies running the VouchForMe Income.
Development of the Social Proof Score, a personal diligence rating that brings discounts with partner companies in the VouchForMe ecosystem.
Scaling up the IPL token marketplace.
Token supply: 300.000.000 IPL
Distributed in the crowdsale: 201.000.000 IPL (67 %)
Initial value: $ 0,10
Token standard: ERC-20
Start date: 16 January 2018
End date: 16 January 2018
Token distribution date: immediately after the crowdsale
Accepted currencies: ETH
Soft cap: $ 5.000.0000
Hard cap: $ 18.000.000